If you privatise airports pay us, TN tells Centre
CHENNAI: In a significant decision, the Tamil Nadu government has now made it mandatory for the Union government to share a part of its revenue or any value realised in transferring airport assets to a third party.
The revenue shared must be proportionate and reflect the huge investments made by the State in creating these assets, such as land parcels acquired by the State government for Airport Authority of India (AAI), the Industries department policy note issued on Tuesday said.
